Bitcoin and Bitcoin Cash Market Update - What to expect

Just a quick update and analysis.

Bitcoin is ready to make some new highs. We can really see it breakout and on this chart above. Look how Bitcoin broke out pass BCC previous high. I was unable to sell my BCC due to how slow blocks are being mined and to move it into Bittrex is taking forever with confirmation times just lagging. Also I'm hearing people are having trouble with transferring out of their hardware wallets, which will lead to massive panic of people getting anxious to sell and wanting to get out of the market for BCC.

So we still don't have enough supply of coins that will enter the BCC markes which will lead to a crash in my opinion. As more people successfully get their coins into an exchange they will trade it for Bitcoin.

Upcoming News Cycle: Bitcoin Segwit Lock In : ETA - Tuesday or Wednesday. - ---- this will lead to higher bitcoin prices in my opinion.

So what I did is transferred my Bitcoin to buy some major dips in BCC and play the bounce play for a full recovery to the upside.

If you need help or guidance in transferring your bitcoins out of your wallet drop a comment. Also leave a comment with your thoughts and takes.

Please remember information or analysis is my opinion and not financial advice. Please due your own due diligence before investing your own hard earned funds. If you liked this post, upvote and resteem.

Cheers,

-MobileCEO